Is Centertown, MO 65023 a buyer’s or seller’s market?
Centertown is a seller’s market. With about 1.1 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Centertown housing market right now
In the three months ending August 31, 2026, 0% of homes in Centertown, MO 65023 sold above their list price, the typical home went under contract in 51 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (5 days then) and the median sale price rose 76% to $614,634. Overall, Centertown is less competitive than a year ago, which gives buyers more room.
Within Cole County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Lohman 65053 (50% sold over asking) is even more competitive.
Run the numbers for 65023
Nearby markets
Henley 65040 $190 /sq ftJefferson City 65101Seller’s market $142 /sq ftJefferson City 65109Seller’s market $147 /sq ftLohman 65053 $144 /sq ft Browse all markets →Towns like Centertown nearby
Find towns like Centertown in other states →Where Centertown is
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Questions about Centertown real estate
Is Centertown a buyer’s or seller’s market?
A seller’s market: there were 1.1 months of supply in Centertown, MO 65023 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Centertown?
The typical home went under contract in 51 days in the latest three months.
Do homes in Centertown sell over asking?
0% of homes sold above their original list price.
What are property taxes in Centertown?
About 0.77% of a home’s value a year in Cole County, or roughly $3,080 on a $400,000 home.
What is the median home price in Centertown?
The median sale price was $614,634 in the three months ending August 31, 2026, about $193 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology